The jump in jet fuel costs are weighing on the bottom line of EasyJet and other airlines

The jump in jet fuel costs are weighing on the bottom line of EasyJet and other airlines

 DENIS CHARLET

British no-frills airline EasyJet on Thursday said it expects to post a deeper first-half loss compared with one year earlier after the Middle East war sent jet fuel prices soaring.

EasyJet said it expected a headline loss before tax of between £540 million and £560 million ($733 million and $760 million) for the six months to the end of March. 

Originally published on doc.afp.com, part of the BLOX Digital Content Exchange.

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